Sportradar Group (NASDAQ:SRAD) CEO Buys $1,891,890.00 in Stock

Sportradar Group AG (NASDAQ:SRAD) CEO Carsten Koerl bought 143,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were acquired at an average cost of $13.23 per share, for a total transaction of $1,891,890.00. Following the purchase, the chief executive officer directly owned 2,278,272 shares in the company, valued at $30,141,538.56. This represents a 6.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Carsten Koerl also recently made the following trade(s):

• On Thursday, April 30th, Carsten Koerl bought 111,100 shares of Sportradar Group stock. The shares were acquired at an average cost of $13.06 per share, for a total transaction of $1,450,966.00.

Sportradar Group Stock Performance

Sportradar Group stock traded down $0.24 during mid-day trading on Monday, hitting $13.02. 3,093,465 shares of the company’s stock traded hands, compared to its average volume of 3,362,993. The firm has a 50 day moving average price of $17.13 and a 200 day moving average price of $20.16. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.06. The company has a market cap of $3.90 billion, a PE ratio of 54.25 and a beta of 1.66. Sportradar Group AG has a one year low of $11.66 and a one year high of $32.22.

Sportradar Group (NASDAQ:SRAD) last announced its quarterly earnings data on Wednesday, April 29th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.08). Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. The firm had revenue of $401.11 million during the quarter, compared to analyst estimates of $417.86 million. During the same quarter last year, the company earned $0.07 EPS. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. On average, equities analysts forecast that Sportradar Group AG will post 0.44 EPS for the current year.

Analysts Set New Price Targets

SRAD has been the topic of a number of research analyst reports. Needham & Company LLC lowered their target price on Sportradar Group from $27.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Wells Fargo & Company lowered their target price on Sportradar Group from $24.00 to $17.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Citigroup lowered their target price on Sportradar Group from $28.00 to $23.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sportradar Group in a report on Friday, March 27th. Finally, Truist Financial decreased their price target on shares of Sportradar Group from $26.00 to $18.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Sportradar Group has a consensus rating of “Moderate Buy” and a consensus price target of $24.94.

More Sportradar Group News

Here are the key news stories impacting Sportradar Group this week:

• Positive Sentiment: Multiple insiders bought shares at ~\$12.49–\$13.00, signaling board-level buying and possible confidence in the company’s outlook. Director Deirdre Mary Bigley purchased 3,940 shares at an average \$12.57. Deirdre Bigley SEC Filing
• Positive Sentiment: Director George Fleet acquired 7,850 shares at \$12.73, a ~5.1% increase in his position. George Fleet SEC Filing
• Positive Sentiment: Director William Kurtz bought 8,000 shares at \$12.97, raising his stake ~36%. William Kurtz SEC Filing
• Positive Sentiment: Director Rajani Ramanathan purchased 8,003 shares at \$12.49, increasing her holding by ~25.9%. Rajani Ramanathan SEC Filing
• Positive Sentiment: Director Jeffery W. Yabuki made two purchases (7,000 shares at \$12.91 and 3,000 shares at \$13.00), modestly increasing his holdings. Jeffery Yabuki SEC Filing
• Positive Sentiment: Director Marc Walder bought 66,000 shares at \$12.77, a sizable ~23.9% increase in his stake — the largest insider buy reported. Marc Walder SEC Filing
• Negative Sentiment: Rosen Law Firm announced an investigation into possible securities claims alleging Sportradar issued materially misleading information to investors — a typical trigger for sell pressure and increased legal/regulatory risk. Rosen Law Firm Investigation
• Negative Sentiment: Bleichmar Fonti & Auld (BFA) announced an investigation following a reported ~22% stock drop tied to alleged illegal activities; such third‑party probes amplify downside risk and can prolong volatility. BFA Investigation Notice

Institutional Investors Weigh In On Sportradar Group

A number of institutional investors and hedge funds have recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. raised its position in shares of Sportradar Group by 19.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 12,080,674 shares of the company’s stock worth $287,158,000 after purchasing an additional 1,929,037 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of Sportradar Group by 39.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,104,947 shares of the company’s stock worth $164,223,000 after purchasing an additional 1,721,495 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of Sportradar Group by 14.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,175,498 shares of the company’s stock worth $85,421,000 after purchasing an additional 409,545 shares during the period. Jericho Capital Asset Management L.P. acquired a new stake in shares of Sportradar Group during the fourth quarter worth $75,117,000. Finally, Stephens Investment Management Group LLC raised its position in shares of Sportradar Group by 40.7% during the first quarter. Stephens Investment Management Group LLC now owns 3,116,297 shares of the company’s stock worth $52,167,000 after purchasing an additional 901,619 shares during the period.

Sportradar Group Company Profile

Sportradar Group is a global leader in digital sports data and content, delivering real-time statistics, analytics and sports betting solutions to clients across the gaming, media and sports federation sectors. The company aggregates and processes live data from more than 800,000 sporting events each year, providing feeds for pre-match and in-play odds, visualization tools and managed trading services. Its products also include integrity services, which monitor betting markets for irregularities and help sports organizations safeguard competition outcomes.

Founded in 2001 and headquartered in St.